Global Captive Power Generation Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Energy And Power Date : March 29th, 2018
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The global captive power generation market is expected to exhibit a CAGR of 5.2% from 2018 to 2024. The growth of the captive power generation across the globe is primarily driven requirement of uninterrupted power supply in energy intensive industries, minimization of losses associated with transmission of electricity from centralized power plants, and high cost of power tariffs. The years used for the assessment are as follows;

  • Historical year  : 2014, 2015, 2016
  • Base year      : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total captive power generation market and it various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the captive power generation market.
  • Finalizing the overall size and share for the global captive power generation market.

OBJECTIVES:

  • To classify the global captive power generation market into segments by Components, Type of Plant, Generation, Connection, Location, Application, Region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the power generation market.
  • Profiling key companies operating in the global captive power generation market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global power generation market is as follows:

By Components

  • Combustion chamber
  • Gas turbine
  • Steam turbine
  • Generator
  • Heat recovering boiler
  • Condenser
  • Pump
  • Absorption chiller
  • Others

 By Type of Plant

  • Gas
  • Steam
  • Oil
  • Renewable

By Generation

  • Cogeneration
  • Tri-generation
  • Quad-generation
  • Normal

By Connection

  • On-grid
  • Off-grid

By Location

  • On-site
  • Off-site

By Application

  • Industrial
  • Commercial
  • Residential

By Region 

  • North America
  • Europe
  • Asia-Pacific
  • Rest of World (RoW)

Global captive power generation market size is expected to exhibit a CAGR of 5.2% from 2018 to 2024. The key factor driving the growth of the captive power generation markets include ensuring uninterrupted power supply, minimizing losses associated with transmission of electricity from centralized power plants and high cost of industrial tariffs. Further captive power generation entertains the possibility of co-generation which results in effective utilization of fuels in an efficient manner have led in overall increasing demand for captive power generation.

Thermal captive power plants are accounted to hold the major share of the captive power generation market in 2017. The rise in demand for captive power generation stems from requirement of uninterrupted power supply in energy intensive industries. Furthermore, cogeneration by using electricity and heat from power plants offers a fuel efficient option for energy intensive industries. Demand for Captive Power Generation market was largely generated by metal & minerals and cement industry and is expected to register a CAGR of 5.2% over the forecast period. Industrial applications include electricity production for chemical, metal & minerals, cement, petroleum (refineries), paper, textile, and others. Moreover, ability to tap into renewable energy has made captive generation a lucrative option.

Asia-Pacific was holding the largest market share of captive power generation market, in 2017 and is expected to dominate the market, throughout the forecast period. Escalating power demand associated with relaxation in cross-subsidy charge on industrial tariffs, uninterrupted and reliable power are the key factors driving growth of the global CPG market. China, India and Japan are the key regional markets in the region offering pool of opportunities for the manufacturers. Europe as one of the key market in the global captive power generation market is expected to generate the demand for captive power plants at healthy rate.

Some of the leading players in global captive power generation market include Clarke Energy, Dietsmann, ABB, GE, Wartsila, Doosan, Valmet, Cummins, Mitsubishi Hitachi power systems, and Siemens among others.

captive power generation market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Components

1.2.2. Market Breakdown, By Type of Plant

1.2.3. Market Breakdown, By Generation

1.2.4. Market Breakdown, By Connection

1.2.5. Market Breakdown, By Location

1.2.6. Market Breakdown, By Application

1.2.7. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities

    2.2.2.1. Opening captive power generation in developing countries

    2.2.2.2. Group captive power generation

    2.2.2.3. Opting for co-generating power plants rather than conventional plants

  2.2.3. Trends

      2.2.3.1. Developing countries going for captive power generation

      2.2.3.2. Use of gas fuelled power plants

   2.2.4. Growth Drivers

2.2.4.1. Ensuring uninterrupted power supply

2.2.4.2. Minimizing losses associated with transmission of electricity from centralized power plants

2.2.4.3. High cost of industrial tariffs

     2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

     2.2.6. Restraints of the Market

 2.2.6.1. The industry has to employ skilled personnel to operate and maintain the captive power plants.

      2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Captive Power Generation Market Size and Forecast (2014 – 2024)

4.1. Global Captive Power Generation Market, By Components

4.1.1. Combustion chamber

4.1.2. Gas turbine

4.1.3. Steam turbine

4.1.4. Generator

4.1.5. Heat recovering boiler

4.1.6. Condenser

4.1.7. Pump

4.1.8. Absorption chiller

4.1.9. Others

4.2. Global Captive Power Generation Market, Type of Plant

4.2.1. Gas

4.2.2. Steam

4.2.3. Oil

4.2.4. Renewable

4.3. Global Captive Power Generation Market, By Generation

4.3.1. Cogeneration

4.3.2. Tri-generation

4.3.3. Quad-generation

4.3.4. Normal

4.4. Global Captive Power Generation Market, By Connection

4.4.1. On-grid

4.4.2. Off-grid

4.5. Global Captive Power Generation Market, By Location

4.5.1. On-site

4.5.2. Off-site

4.6. Global Captive Power Generation Market, By Application

4.6.1. Industrial

4.6.2. Commercial

4.6.3. Residential

4.7. Global Captive Power Generation Market, By Region

4.7.1. North America

4.7.2. Europe

4.7.3. Asia-Pacific (APAC)

4.7.4. Rest of the World (RoW)

   4.7.4.1. Middle East and Africa (MEA)

   4.7.4.2. Latin America

CHAPTER 5. Global Captive Power Generation Market, By Region

5.1. North America Captive Power Generation Market (USD Million/MW)

5.1.1. North America Captive Power Generation Market , By Components (USD Million)

5.1.2. North America Captive Power Generation Market , By Type of Plant (USD Million)

5.1.3. North America Captive Power Generation Market , By Type of Plant (MW)

5.1.4. North America Captive Power Generation Market , By Generation (USD Million)

5.1.5. North America Captive Power Generation Market , By Generation (MW)

5.1.6. North America Captive Power Generation Market , By Connection (USD Million)

5.1.7. North America Captive Power Generation Market , By Connection (MW)

5.1.8. North America Captive Power Generation Market , By Location (USD Million)

5.1.9. North America Captive Power Generation Market , By Location (MW)

5.1.10. North America Captive Power Generation Market , By Application (USD Million)

5.1.11. North America Captive Power Generation Market , By Application (MW)

5.1.12. North America Captive Power Generation Market , By Country (USD Million/MW)

     5.1.12.1. U.S. Captive Power Generation Market (USD Million)

     5.1.12.2. U.S. Captive Power Generation Market (MW)

     5.1.12.3. Canada Captive Power Generation Market (USD Million)

     5.1.12.4. Canada Captive Power Generation Market (MW)

     5.1.12.5. Mexico Captive Power Generation Market (USD Million)

     5.1.12.6. Mexico Captive Power Generation Market (MW)

5.2. Europe Captive Power Generation Market (USD Million/MW)

5.2.1. Europe Captive Power Generation Market, By Components (USD Million)

5.2.2. Europe Captive Power Generation Market, By Type of Plant (USD Million)

5.2.3. Europe Captive Power Generation Market, By Type of Plant (MW)

5.2.4. Europe Captive Power Generation Market, By Generation (USD Million)

5.2.5. Europe Captive Power Generation Market, By Generation (MW)

5.2.6. Europe Captive Power Generation Market, By Connection (USD Million)

5.2.7. Europe Captive Power Generation Market, By Connection (MW)

5.2.8. Europe Captive Power Generation Market, By Location (USD Million)

5.2.9. Europe Captive Power Generation Market, By Location (MW)

5.2.10. Europe Captive Power Generation Market, By Application (USD Million)

5.2.11. Europe Captive Power Generation Market, By Application (MW)

5.2.12. Europe Captive Power Generation Market, By Country (USD Million/MW)

     5.2.12.1. Germany Captive Power Generation Market (USD Million)

     5.2.12.2. Germany Captive Power Generation Market (MW)

     5.2.12.3. France Captive Power Generation Market (USD Million)

     5.2.12.4. France Captive Power Generation Market (MW)

     5.2.12.5. Italy Captive Power Generation Market (USD Million)

     5.2.12.6. Italy Captive Power Generation Market (MW)

     5.2.12.7. Rest of Europe Captive Power Generation Market (USD Million)

     5.2.12.8. Rest of Europe Captive Power Generation Market (MW)

5.3. Asia-Pacific Captive Power Generation Market (USD Million/MW)

5.3.1. Asia-Pacific Captive Power Generation Market, By Components (USD Million)

5.3.2. Asia-Pacific Captive Power Generation Market, By Type of Plant (USD Million)

5.3.3. Asia-Pacific Captive Power Generation Market, By Type of Plant (MW)

5.3.4. Asia-Pacific Captive Power Generation Market, By Generation (USD Million)

5.3.5. Asia-Pacific Captive Power Generation Market, By Generation (MW)

5.3.6. Asia-Pacific Captive Power Generation Market, By Connection (USD Million)

5.3.7. Asia-Pacific Captive Power Generation Market, By Connection (MW)

5.3.8. Asia-Pacific Captive Power Generation Market, By Location (USD Million)

5.3.9. Asia-Pacific Captive Power Generation Market, By Location (MW)

5.3.10. Asia-Pacific Captive Power Generation Market, By Application (USD Million)

5.3.11. Asia-Pacific Captive Power Generation Market, By Application (MW)

5.3.12. Asia-Pacific Captive Power Generation Market, By Country (USD Million/MW)

    5.3.12.1. China Captive Power Generation Market (USD Million)

    5.3.12.2. China Captive Power Generation Market (MW)

    5.3.12.3. Japan Captive Power Generation Market (USD Million)

    5.3.12.4. Japan Captive Power Generation Market (MW)

    5.3.12.5. India Captive Power Generation Market (USD Million)

    5.3.12.6. India Captive Power Generation Market (MW)

    5.3.12.7. South Korea Captive Power Generation Market (USD Million)

    5.3.12.8. South Korea Captive Power Generation Market (MW)

    5.3.12.9. Rest of Asia-Pacific Captive Power Generation Market (USD Million)

    5.3.12.10. Rest of Asia-Pacific Captive Power Generation Market (MW)

5.4. Rest of the World (RoW) Captive Power Generation Market (USD Million/MW)

5.4.1. Rest of the World (RoW) Captive Power Generation Market, By Components (USD Million)

5.4.2. Rest of the World (RoW) Captive Power Generation Market, By Type of Plant (USD Million)

5.4.3. Rest of the World (RoW) Captive Power Generation Market, By Type of Plant (MW)

5.4.4. Rest of the World (RoW) Captive Power Generation Market, By Generation (USD Million)

5.4.5. Rest of the World (RoW) Captive Power Generation Market, By Generation (MW)

5.4.6. Rest of the World (RoW) Captive Power Generation Market, By Connection (USD Million)

5.4.7. Rest of the World (RoW) Captive Power Generation Market, By Connection (MW)

5.4.8. Rest of the World (RoW) Captive Power Generation Market, By Location (USD Million)

5.4.9. Rest of the World (RoW) Captive Power Generation Market, By Location (MW)

5.4.10. Rest of the World (RoW) Captive Power Generation Market, By Application (USD Million)

5.4.11. Rest of the World (RoW) Captive Power Generation Market, By Application (MW)

5.4.12. Rest of the World (RoW) Captive Power Generation Market, By Region (USD Million/MW )

     5.4.12.1. Middle East and Africa (MEA) Captive Power Generation Market (USD Million)

     5.4.12.2. Middle East and Africa (MEA) Captive Power Generation Market (MW)

     5.4.12.3. Latin America Captive Power Generation Market (USD Million)

     5.4.12.4. Latin America Captive Power Generation Market (MW)

CHAPTER 6. Key Players and Strategic Developments

6.1. Clarke Energy

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. Dietsmann

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. ABB

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. General Electric

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Wartsilla

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Doosan Corporation

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Valmet

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Cummins Inc.

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. SWOT Analysis

6.8.5. Strategic Developments

6.9. Mitsubushi Hitachi Power Systems

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10. Siemens AG

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. SWOT Analysis

6.10.5. Strategic Developments

6.11. Abbreviations

Global Captive Power Generation Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024